ABC Ltd an aggregator (acting as an agent) (like urbanclap) falls u/s 9(5) of CGST Act, 2017 charges commission @ 10% on the service value made through its online platform for yoga services through yoga instructors (he is a principal).
Yoga Service Value: - ₹1000/- (which is exempt under N.No 12/2017)
Advance rec. from Mr. X by ABC Ltd.: - 25.04.2020
Performance of Service by Mr. Y: - 05.05.2020
Commission on Service Value: - ₹100/- (₹1000@10%)
GST Rate: - 18% on commission.
Now my question is that, what will be the point of taxation for the commission charge by ABC Ltd. on the value receive from Mr. X on behalf of Mr. Y? Whether it would be 25.04.2020 or 05.05.2020?

Respected Sir,
As regarding above subject, My query is that one of my client has purchased infrared thermometer which is used to check the temperature of a person which is deriving the hsn code 9025, Can I claim the ITC ON IT.

Please reply.

On what salary do we consider Profession tax slab for Telangana state?
Is it the net salary (after all deductions like TDS, PF, ESI, Advance) or Gross salary(after leaves) or Actual salary of an employee?

Hello,
I want to start a business for Online & Offline trading.
I will be selling Digital goods as well as Physical goods on my own website globally.
Sell Physical import goods in India through offline methods.

Which type of Business registration should I proceed with?
LLP (Limited Liability Partnership)
Or
Company ?

we have purchase tds software and this can be renew every year and update accordingly, how can we treat it in books by taking it as revenue expense or treat as intangible asset. the value of software is 38000/- only, Suggest?

Hello-My IEC status at icegate shows 9 (amendment) since I applied.
1. How to get ti changed to 0 (normal)?
2. Can I export with status being 9?

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Thanks.

One of my client has received commission and also business Income as per 44AD then ITR 4 is correct form IT return

Respected sir

our one client have deducted 20% from salary for April month due to Lockdown.
they want to know whether they can show this 20% deduction for statutory liability like Pf and Esi also ?
how to show this 20% deduction ?
please advice fast

Hi,
My question is as follows,
Is TDS required to be deducted on Payment made by a company to a Drug Rehab Centre? Drug Rehab Centre is a society registered under Manipur Society Registration Act, 1989. It is not formed by Government. The payment is not for employees and also not donation. It is for the welfare.
Please reply.

Warm regards.

Can we claim ITC on just dial Subscription.